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Mill Creek plans Austin apartment high-rise

Eight-story development on site of aging office building expected to cost $70 million

Mill Creek Residential's Jeb Cox and Meridian Plaza (Getty, Mill Creek Residential, Endeavor Real Estate Group)
Mill Creek Residential's Jeb Cox and Meridian Plaza (Getty, Mill Creek Residential, Endeavor Real Estate Group)

UPDATED 3/4/23 10:12am

Mill Creek Residential filed plans to build an eight-story apartment project with 215 units across 250,000 square feet. While the address listed on such filings is supposed to point to the project location, Mill Creek listed 1601 Rio Grande Street, the location of the firm’s Austin office. The firm declined to say where its new apartment project will be built.

The project’s estimated cost is $70 million, or roughly $326,000 per unit. Work is slated to begin in February and last for two years. 

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The filing also lists architecture firm GFF. 

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Since its founding, Mill Creek has built or bought almost 41,000 rental homes, according to the firm’s website. 

UPDATE: This story has been updated to reflect that after publication, a representative for Mill Creek said the address on the filing is not the project location.

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